Regulation & Compliance
The C-Level Actuary
Actuaries have always been involved in the management of risk, and more and more we are seeing actuaries take on roles that may be considered outside of the realm of "traditional" actuarial work, ...
Albanese to Exit as New York’s Financial Regulator Before End of Year
The acting head of New York's Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions ...
Drone Makers Wary About National Registry Plans
Some drone industry representatives are reacting cautiously to plans by the Obama administration to combat a growing safety threat by requiring buyers to register their drones with the government. ...
Disclosing a CEO’s Illness: Was United Too Late?
After Oscar Munoz missed a summit with United Airlines union leaders, the carrier told employees that their new chief executive officer "was unable to attend." He had suffered a heart attack, a ...
Insurance Execs May Also Face U.K. ‘Duty of Responsibility’ Bank Rules
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same "duty of responsibility" as those in banks under legislation introduced in Parliament Thursday. The ...
Moody’s Quantifying Terror Effects With Economic Impact Index
How do you measure the impact of terrorism on economic growth? Moody's Investors Service has constructed a terrorism index to quantify the hit to gross domestic product, government spending, ...
FAA Aims to Send Message With $1.9 M Penalty For Drone Photographer
The U.S. Federal Aviation Administration is proposing the largest fine to date against a drone operator as the agency cracks down on the booming use of unmanned aircraft in congested skies over ...
A.M. Best: Half-Year Results Hint at Year Three of Underwriting Profits
The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year ...